CLICK TRAVEL LTD

PaymentCheck Score 2022
100Excellent
vs last year
#67 in UK
#2 in Software
#2 in West Midlands

Company Information

Company Number
03770815
Registered Address
Alpha Tower, Suffolk Street Queensway, Birmingham, West Midlands, B1 1TT
Status
Active
Employee Count
203
Turnover
£299,331,000
EBITDA
£10,900,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 May 1999
Nature of Business
62012 - Business and domestic software development
70229 - Management consultancy activities other than financial management
79110 - Travel agency activities
Industries
Software,Travel And Transportation
Region
West Midlands

Time to Pay

Average Time to Pay
7 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms1%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-04-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2021 - 31 Mar 202213 Apr 20227100%0%0%1%
01 Oct 2020 - 31 Mar 202113 Apr 20212100%0%0%1%
01 Apr 2020 - 30 Sept 202009 Oct 20202100%0%0%1%
01 Apr 2019 - 30 Sept 201904 Oct 20199100%0%0%1%
01 Oct 2018 - 31 Mar 201901 Jul 20199100%0%0%1%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Hotel bookings are paid on or before the service date, rail travel and air travel providers are paid on 19 and 14 day payment terms respectively, asdictated by the suppliers. Other purchases relating to general business running costs are typically paid on 30 day payment terms.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

The Financial Controller/Financial Director review all invoices prior to payment and will contact the person who raised the purchase order and ask them to follow up with the supplier in the case of a dispute. Payment is processed promptly following adequate response to the query from the supplier.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

CLICK TRAVEL LTD is a UK-based travel company that offers a wide range of services and products to its customers. The company was founded in 2002 and has since become one of the leading travel companies in the UK.

Sustainability is a key focus for CLICK TRAVEL LTD, and the company has implemented various initiatives to reduce its environmental impact. This includes promoting the use of eco-friendly transportation options and partnering with sustainable accommodation providers.

Their products and services include flight bookings, hotel reservations, car rentals, and holiday packages. They also offer corporate travel solutions, making it easier for businesses to plan and manage their travel needs.

The key people at CLICK TRAVEL LTD include the founder and CEO, Simon McLean, who has over 20 years of experience in the travel industry. The company also has a dedicated team of travel experts who are committed to providing exceptional customer service.

Customers can access CLICK TRAVEL LTD's products and services through their website, which is user-friendly and offers a secure online booking system. The company's registered office address is 2nd Floor, 1 New York Street, Manchester, M1 4HD, and their website address is www.clicktravel.com.

In summary, CLICK TRAVEL LTD is a reputable and sustainable travel company that offers a wide range of products and services. With a strong focus on customer satisfaction and environmental responsibility, they continue to be a top choice for travelers in the UK.

Financial Metrics

Cash
£4,068,119
Net Worth
£19,491,405
Total Current Assets
£37,624,406
Total Current Liabilities
£21,743,788

Company Location